Skip to content

Nestle Nigeria Plc (NGX: NESTLE) | Share Price

Nigel Firth
Nigel Frith trader
Updated 27 Sep 2022

Nestle Nigeria Plc is a Nigeria based food manufacturing and marketing company listed on the Nigerian Stock Exchange (NGX).

Nestle Nigeria Plc is a subsidiary of the largest food and beverage company in the world and operates through two segments: Food and Beverages.

Latest Nestle Nigeria Plc Share Price

The graph above shows the latest Nestle Nigeria Plc share price on the Nigerian Stock Exchange. Investors have seen Nestle Nigeria Plc shares perform well historically, and it remains a steady investment. Nestle Nigeria Plc stock is live on the NGX under the stock symbol of NESTLE and is available to trade via several brokers in Nigeria.

Overview of Nestle Nigeria Plc

Today, Nestle Nigeria Plc’s portfolio of products and services are diversified in more sectors of the Consumer Goods value chain and include the following: an extensive range of products for the retail and wholesale sectors, including famous brands of food like Maggi, Golden Morn, Nan, Lactogen, Nutrend and Cerelac; well-known brands in the beverages segment like Milo, Chocomilo, Nescafe, Nestle Pure Life and Nido, and the infants’ range that includes the infant formula Nestle Nan and infant cereals like Nestle Nutrend, Nestle Cerelac and Nestle Golden Morn.

Nestle Nigeria Plc also produces and markets a brand of still water called Pure Life and the company promotes food cultures through participatory cookery programmes in neighbourhoods, and a home management programme.

The history of Nestle Nigeria Plc goes back to 1961 when the original company was founded. It had been listed in Nigeria on 20 April 1979.

Free Demo Account
Nestle Nigeria Plc

Nestle Nigeria

Nestle Nigeria Plc has its head offices at 22-24, Industrial Avenue, Llupeju, Nigeria.

Nestle Nigeria Plc has a staff complement of about …

The company renders its services in ….

The current managing director of Nestle Nigeria Plc is Wassim Elhusseini.

Nestle Nigeria Plc’s equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol NESTLE.

Nestle Nigeria Plc forms part of the Food Processing Industry and the Consumer Goods Sector of the Nigerian Stock Exchange (NGX).

Nestle Nigeria Plc Stock Performance

The current price for Nestle Nigeria Plc stocks on the Nigerian Stock Exchange (NGX) is 1,395.00 Nigerian Naira (NGN).

An analysis of financial data of Nestle Nigeria Plc showed that the company has a total market capitalisation of 1.11Trillion NGN, with a Price/Earning ratio of 33.77 and earnings per share of 41.31 NGN.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell Nestle Nigeria Plc stocks can look forward to more profitable dividends and earnings in times to come.

According to an analysis on the live chart of Nestle Nigeria Plc, analysts forecast further improved performance for the Consumer Goods sector with market share growing as trading volumes increase.

Highlights of Nestle Nigeria Plc in 2021

Nestle Nigeria Plc started the current financial year (2021) with a share price of 1,505.00 Nigerian Naira (NGN) on the Nigerian Stock Exchange (NGX), and it has lost 7.31 % in value on its price valuation, ranking 118th on the NGX with its year-to-date performance.

Nestle Nigeria Plc is currently the 76th most-traded stock on the NGX and it has experienced a total trading volume of more than 15.6 million shares, which were finalised in 2,219 deals and were valued at a total of 21.7 billion Nigerian Naira (NGN) over the recent three month period from September to December 2021, with an average of 246,901 shares in each trading session.

During the same period a volume high of 4.05 million was achieved on November 16 and a low of 191 on September 21.

Nestle - How To Trade

How to buy Nestle Nigeria Plc stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade Nestle Nigeria Plc stocks on the Nigerian Stock Exchange (NGX), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “NESTLE”.
  2. Select a forex broker that offers access to the Nigerian Stock Exchange (NGX).
  3. Review the broker’s trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. Once your account has been activated, you are ready to make your first share purchase through the broker.
  6. From here you can start to build and diversify your portfolio by buying more shares.


The Nigerian Stock Exchange (NGX) (officially the Nigerian Exchange Group) is a leading integrated market organisation in Africa servicing the continent’s largest economy, that of Nigeria. The Exchange provides capital access to companies that seek to take advantage of the financial markets to fund their business expansion. The NGX also provides its collection of domestic, regional, and international investors with an array of regulated securities to achieve their investment objectives.

The NGX publishes the benchmark, value-weighted All-Share Index (ASI), formulated in January 1984 with a base value of 100 and which tracks the general market movement of all listed equities on the Exchange.

The NGX30 and NGX50 are additional indices that track the top 30 and 50 companies in terms of market capitalization and liquidity respectively. Only fully paid-up common shares weighted by adjusted market capitalization are admitted to these indices.

In March 2021, the Nigerian Stock Exchange was transformed into a shareholder-owned, profit making entity, the Nigerian Exchange Group Plc, when it was demutualised from a member-owned not-for-profit entity.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.